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of the mid-west. and not if >> not a washington d.c. we have learned that house republicans have postponed their vote on their own fiscal cliff bill. the mess known as " plan b " reggie it was -- known as plan b. >> that probably means that the republicans to not have enough votes to pass plan b. this is the first voting cast that would avert cuts. this would extend bush era cuts for everybody making $1 million. those making more would have to pay a higher tax brea rate. senator kerry reid is saying that he is not going going to discuss plan b. senator-harry reed is not going to discuss plan b and already president obama is warning that he would have vetoed it. >> we are getting closer and michael you have a sense of humor about this. we have to understand what is happening with the physical let for a really quick synopsis what is planned be and what did they not want to bring it to the floor of the fiscal cliff? >> that was the millionaire tax increase. but that is one of the problems with the bill. problem is that house speaker, peter said that he did not have the sufficient number john
than cyanide. one drop can kill a person in a matter of minutes. syria not the only thing on washington's mind right now. with about four weeks to go before that fiscal cliff of tax hikes and spending cuts gets triggered, negotiations still appeared at a standstill on tuesday. karin caifa tells us where everything stands. >> in the midst of a standoff with capitol hill republicans, president obama told bloomberg news that the latest plan put forth by house speaker john boehner, simply doesn't add up. the >> speaker's proposal right now is still out of balance. he talks about, for example, eight hundred billion dollars worth of revenues but he says he will do that by lowering rates. when you look at the math, it does does not work. >> not work. as negotiations as negotiations to avoid the so-called "fiscal cliff" continue, republicans were equally dismissive of the last proposal from the president. >> his proposal was so outlandish i don't think we should go back to the table until he puts something there that we can work with. >> the key sticking point between the two sides hasn
cliff" deal in washington. on wall street. the dow surged 116-points. nasdaq rose 44-points. and the s- and-p 500 jumped up 16- points. >> now today for the winners and the losers. rob ? samsung has backing off of its patent lawsuit with apple shares are reacting positively? >> this twitter $19 billion industry never so happy for each other but the united states court ordered that apple cannot do an injunction on the samsung products. and samsung said we're going to pull the injunctions of the products that we're going to if.. it is a great media store but was never good for stock. >> and now they are born to agree to cut it out in the marketplace. >> and they're going to duke it out in the marketplace -- and also holiday travel. that is a loser? >> it is going to be roth this year. hotels are full, flights are full. if you have not already made plans? there is already an increase from last year. with 11 million californians are also going to trouble and the costs are up. nearly $500 for the average flight. the terminals, and within 90% capacity. security, late, baggage fees. >> and fo
Search Results 0 to 2 of about 3